The Company continued to develop its uCAN Connect
connection manager business. In February Option
launched uCAN Connect 3.0 which was deployed by
Telenor Norway as their MK6 connection manager. Option
is gaining good traction with uCAN Connect with new
deployments planned for 2011. Option’s expertise in
connection management was also recognized through our
services agreement with Interdigital which has resulted in
the integration of an advanced bandwidth management
solution into the uCAN Connect platform. Bandwidth
Management is a logical extension to our previous work
on WiFi offloading and Mobile IP. While mobile broadband
customers are using more and more applications that
consume even more bandwidth, operators are looking for
solutions to manage this growing demand and to keep
their network performance up and their network operating
costs in control. The joint development by Interdigital and
Option focuses on meeting this growing need.
SIGNIFICANT AGREEMENTS TO WHICH THE COMPANY IS
A PARTY AND WHICH TAKE EFFECT, ALTER OR TERMINATE
uPON A CHANGE OF CONTROL OF THE COMPANY
FOLLOWING A TAKE-OVER BID, AND THE EFFECTS
THEREOF
2. License agreements:
- Qualcomm CDMA Modem Card License Agreement (nonassignment of rights/obligations without prior written
consent of Qualcomm – change of control falls under
definition of “assignment”);
- Motorola License Agreement dated (non-assignment
without prior written approval Motorola);
- Interdigital License Agreement dated (non-assignment of
rights/obligations);
Organization:
In 2009 and 2010 the Company has taken measures to
lower its cost base dramatically. Notwithstanding the effect
of these measures on the Group as a whole, Option has been
able to continue its product development and innovation
path resulting in the launch of new hardware- and software
products (uCAN family). The Group has continued to enter
into interesting partnerships for the implementation of its
new strategy (Kobil, Interdigital).
http://www.option.com/Upload/main/annual%20reports/Option_AR_2010_LR.pdf
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